Back to Search
Property profile & analytics
OFF-MARKET
Warehouses
1601 Salmonberry Rd Port Orchard, WA 98366
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US90-0722255
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2020
Total area
5,180 SF
Lot
0.3 ac (13,068 SF)
Zoning code
CITY
APN
012301-2-079-2009
UPID
US90-0722255
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sb Storage LLC · 5 yrs held
Sb Storage LLC
since 2021
Last sale
$136,000
7 recorded transactions
Zoning & alternative use
CITY · Port Orchard, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Port Orchard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Port Orchard submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$3,155
Tax year 2024
Assessed value
$374,800
Assessed 2024
Previous assessed
$374,800
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$130,160
Assessed improvement
$244,640
Land market value
$130,160
Improvement market value
$244,640
Total market value
$374,800
Applied tax rate
810.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Heating
YES
Stories
1
Total area
5,180 SF
Lot
0.3 ac (13,068 SF)
Zoning code
CITY
APN
012301-2-079-2009
UPID
US90-0722255
Jurisdiction
KITSAP
Zoning & alternative use
CITY · Port Orchard, WAZoning CITY · permitted uses
CITY · Port Orchard, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2020
Heating
YES
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Sb Storage LLC
Entity
Mailing address
7733 LONG LK RD SE, PORT ORCHARD, WA 98367-9068
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2021
—
Sb Storage LLC
Parys Properties INC
Quit Claim Deed
related
—
Jun 5, 2014
—
Prestige Mini Storage LLC
Parys Properties INC
Quit Claim Deed
related
—
Apr 21, 2014
$136,000
Prestige Props
Lukins Denise J
Trustees Deed
—
Nov 26, 2007
—
James T James
James Corp
Quit Claim Deed
related
—
Dec 14, 1990
—
James T Jame
Unknown
Quit Claim Deed
related
—
—
—
Ron Turner
—
Deed Of Trust
related
$68,000 · Vince Van Parys
—
—
James T James
—
Deed Of Trust
related
$100,000 · Westsound Bank
—
—
James T James
—
Deed Of Trust
related
$62,000 · Ron Coleman & Son Const INC
—
—
James T James
—
Deed Of Trust
related
$90,000 · Evergreen Lumber INC
—
—
J & C James LLC
—
Deed Of Trust
related
$128,000 · Wells Fargo Bank
—
—
James T James
—
Deed Of Trust
related
$67,406 · Pacific Northwest Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1601 Salmonberry Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
